About Jupiter Solar Power Limited
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Jupiter Solar Power Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Jupiter International Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52392WB2006PLC111250. Its GSTIN is 19AABCJ7197H3Z1 (West Bengal). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹28 Cr and a paid-up capital of ₹2.58 Cr. It was formerly known as Jupiter Nivs Technologies Limited and Jupiter Nivs Technologies Private Limited. It is led by directors including Alok Garodia (Managing Director) and Priyanka Tibrewal.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unnayanam 20A Ashutoshchowdhuryavenue, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.31 Cr. For the same year it recorded a net profit of ₹55.93 Lakh (net margin 42.7%) and EBITDA of ₹5.54 Lakh (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 38% over five years.
The company has about 174 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jupiter International Limited. As per MCA filings, the company has open charges of ₹174.8 Cr and satisfied charges of ₹946.46 Cr on record. Court records list 40 cases involving the company, including 18 filed by the company and 22 filed against it; 13 cases are pending. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹61.51 Cr; the latest was in August 2012. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 454 overdue payments to 59 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jil-jupiter.com.
Company details
Name history
Jupiter Solar Power has undergone 2 name changes throughout its history. The company was previously known as Jupiter Nivs Technologies Limited, and Jupiter Nivs Technologies Private Limited. The current legal name is Jupiter Solar Power Limited.
| Company Name | Status |
|---|---|
| Jupiter Solar Power Limited | Current |
| Jupiter Nivs Technologies Limited | Previous |
| Jupiter Nivs Technologies Private Limited | Previous |
CIN history
Jupiter Solar Power has one previous CIN (Corporate Identification Number): U52392WB2006PTC111250. The current CIN is U52392WB2006PLC111250, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52392WB2006PLC111250 | Current |
| U52392WB2006PTC111250 | Previous |
Contact details
Jupiter Solar Power Limited's registered office is in Kolkata, West Bengal. Its website is jil-jupiter.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnnayanam 20A Ashutoshchowdhuryavenue, Kolkata, West Bengal, India – 700019
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Jupiter Solar Power Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Jupiter Solar Power operates one associated brand: Jupiter International Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Photovoltaic poly-crystalline solar cells are manufactured for energy applications. | jil-jupiter.com |
Business activity
The main business activity of Jupiter Solar Power is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Jupiter Solar Power Limited, buy the company report.
Financials of Jupiter Solar Power Limited
FY 2025 filings availableJupiter Solar Power Limited reported revenue of ₹1.31 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.31 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.93 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 42.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Jupiter Solar Power Limited, buy the company report.
Board of directors of Jupiter Solar Power Limited
Jupiter Solar Power has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanka Tibrewal Also directs: Jupiter International Limited | Director | 27 Oct 2023 | 3 Years 0 Months | Current |
| Alok Garodia Also directs: Jupiter Solartech Private Limited, Jupiter Renewables Private Limited, Jupiter Cleantech Energy Private Limited and 4 more | Managing Director | 29 Jul 2006 | 20 Years 3 Months | Current |
| Akash Garodia Also directs: Jupiter Solartech Private Limited, Jupiter Renewables Private Limited, Jupiter Cleantech Energy Private Limited and 3 more | Director | 20 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Jupiter Solar Power Limited is audited by Chhaparia & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chhaparia & Associates | FY 2025 | 322169E |
Shareholding
The shareholding of Jupiter Solar Power Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jupiter Solar Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2023 | 100769099 | Others | ₹174.8 Cr | Satisfied | |
| 01 Apr 2022 | 100833271 | Others | ₹170 Cr | Satisfied | |
| 23 Feb 2022 | 100822800 | Others | ₹170 Cr | Satisfied | |
| 01 Apr 2021 | 100457028 | Others | ₹11 Cr | Satisfied | |
| 21 Dec 2017 | 100156910 | State Bank of India | ₹1.99 Cr | Satisfied |
To see the full charge records of Jupiter Solar Power Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Jupiter Solar Power Limited has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹61.51 Cr; the latest was in August 2012.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2012 | Funding round | ₹2.8 Cr | Investors: Dayanidhi Management Private Limited, Stuti Tie-Up Pvt Ltd , 2 individuals |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: Jupiter International Limited Seller: Stuti Tie-Up Pvt Ltd , Dayanidhi Management Private Limited, 2 individuals |
| Apr 2011 | Secondary share transfer | Undisclosed | Buyer: Dayanidhi Management Private Limited, Stuti Tie-Up Pvt Ltd , 2 individuals Seller: Jupiter International Limited |
| Mar 2011 | Funding round | ₹5.77 Cr | Investors: Jupiter International Limited , Stuti Tie-Up Pvt Ltd |
| Jan 2009 | Funding round | ₹18.59 Cr | Investors: Jupiter International Limited , Stuti Tie-Up Pvt Ltd , Dayanidhi Management Private Limited |
To see the full deal history of Jupiter Solar Power Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jupiter Solar Power Limited has 40 court cases on record: 18 filed by Jupiter Solar Power, 22 filed against it. 13 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 18 | 6 |
| Supreme Court | 7 | 4 | 7 |
| NCLT | 4 | 0 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2401-Indirect Taxation : Customs Act, Customs Tariff Act, Export, Import and Anti-Dumping duty) | Filed against the company by The Commissioner of Customs and 6 others | Pending |
| Supreme Court | Court case (0401-Indirect Taxes Matters : Interpretation of the Customs Act, Rules & Regulations) | Filed by the company against M/S Adyah Solar Energy Pvt. Ltd Rep Through Its Authorised Signatory Aswin Kumar 138, Ansal Chambers II, Bhikaji Cama Place , District: . ,New Delhi , Delhi and 6 others | Pending |
| Supreme Court | Court case (0411-Indirect Taxes Matters : Classification under the Indian Tariff Act, 1934 & Customs Tariff Act, 1975) | Filed by the company against Acme Solar Holdings Ltd. Authorised Signatory Mast Ram Deswal Plot No. 152, Sector 44 , District: Gurgaon , , Haryana and 17 others | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Sterling & Wilson Private Ltd. and 1 other | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S.Adyah Solar Energy Private Ltd. | Disposed |
To see the full case history of Jupiter Solar Power Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Jupiter Solar Power Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 454 overdue payments to 59 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 59)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Enviro Engineers | |||
| an individual supplier |
To see the full MSME payment records of Jupiter Solar Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jupiter Solar Power Limited has a workforce of 174 employees on its EPFO records as of Feb 04, 2026, across 1 active EPFO establishment.
GST
Jupiter Solar Power has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCJ7197H3Z1 | West Bengal | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Jupiter Solar Power Limited, buy the company report.
Recent activity
Jupiter Solar Power Limited has 16 board changes on record since 2006: 3 appointments and 13 cessations. The latest: Akash Garodia ceased to be Additional Director on 27 Sep 2024.
42 earlier events are in the company report.
News
Frequently asked questions
Jupiter Solar Power is an active public limited company based in Kolkata, West Bengal, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 July 2006 (20+ years old) and is registered under CIN U52392WB2006PLC111250.
Jupiter Solar Power has 3 current directors:
- Alok Garodia - Managing Director
- Priyanka Tibrewal - Director
- Akash Garodia - Director
The latest financial statements of Jupiter Solar Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jupiter Solar Power is 19AABCJ7197H3Z1, registered in West Bengal. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of Jupiter Solar Power is U52392WB2006PLC111250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jupiter Solar Power has 40 court cases on record: 18 filed by the company and 22 filed against it. 13 are pending. Most are in the high courts.
Jupiter Solar Power was incorporated on 29 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Jupiter Solar Power has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹61.51 Cr; the latest was in August 2012.
Akash Garodia ceased to be Additional Director on 27 Sep 2024. Priyanka Tibrewal ceased to be Additional Director on 27 Sep 2024. Akash Garodia was appointed as Director on 20 Aug 2024. Jupiter Solar Power has 16 board changes on record in total.
Jupiter Solar Power has 14 MSME Form 1 returns on record between 2019 and 2024, listing 454 overdue payments to 59 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Jupiter Solar Power can be reached through the website jil-jupiter.com. Its registered office is in Kolkata, West Bengal, India.
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